Chez Dove is an independent coffeehouse/bookstore. In order to predict how much coffee it would serve, how many cups it would need, and how much staff it will require during July, which type of budget would the company use?

Question

Quizplus · Accepted Answer

An operating budget is used to plan and predict the day-to-day activities of a business, which includes the projection of how much coffee Chez Dove would serve, how many cups it would need, and how much staff it will require during July. A cash budget is focused on managing cash flow, a centralized budget is created by a central authority and distributed to different departments, and a strategic budget is a long-term plan for achieving business goals.

Chez Dove Is an Independent Coffeehouse/bookstore